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China currently has over 3,100 listed companies, with a combined market value exceeding 50 trillion yuan (.25 trillion).

China has become an important growth driver in world services trade in recent years. It has been the world's second-largest trader in services for six consecutive years, with its trade in services reaching 5.42 trillion yuan (2 billion) in 2019, according to the latest data released by the Ministry of Commerce.

China decided in late March to extend subsidies and tax exemptions for NEV purchases by another two years, which were set to expire at the end of this year, as part of efforts to help the industry survive the tough times as the coronavirus pandemic disrupted supply chain overseas.

China has become Washington's largest trading partner outside North America in recent years.

China has no timetable to launch a digital currency, said Yi Gang, governor of the People's Bank of China, at a news conference held on the stable, healthy and sustainable development of China's economy on Tuesday.